GAP Community News

The University Gap Funding/Accelerator Weekly update, a resource for those interested in university-affiliated translational research, proof of concept, startup, and venture gap fund/accelerator program

University Gap Funding and Accelerator Community News

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U Illinois Announces Newest Round of POC Recipients, 7 Awards

The Office of Technology Management (OTM) is proud to announce the 2015 awardees of the Illinois Proof-of-Concept Funding Program (I-POC). I-POC funds development projects that will help demonstrate an innovation’s viability to potential investors and partners. 2015 I-POC Award Recipients:

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Valley of death looms for Australian ideas

When Swiss pharmaceutical giant Novartis pounced on Australian biotech Spinifex Pharma for $US700 million ($915.69 million) this week, one fact stood out: without federal government funding, this Australian pain therapy innovator may never have made it out of the lab.

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